Platinum appears to be headed for its first broadly balanced year since 2021, with new projections pointing to a small surplus in 2026 as supply recovers and investment demand retreats from unusually elevated 2025 levels. The latest Platinum Quarterly from the World Platinum Investment Council (WPIC) shows the market is still firmly set for a […]
Read More
Here’s a quick recap of the crypto landscape for Friday (November 21) as of 9:00 a.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ether price update Bitcoin (BTC) was priced at US$83,590.70, down by 10.4 percent over 24 hours. Its lowest […]
Read More
MP Materials (NYSE:MP) and the US Department of Defense have entered into a joint venture with Saudi Arabia’s Maaden to build a rare earths refinery in the Kingdom, marking the first major project under a new US-Saudi critical minerals cooperation framework signed in Washington this week. The binding agreement gives both the US and MP […]
Read More
A First Nation-owned mining project in Northern Manitoba is drawing national attention after new assessments suggest it could become a major North American source of magnesium. Norway House took full ownership of the Minago nickel property in November 2024, and has since rebranded it as a critical minerals project after discovering large quantities of magnesium […]
Read More
Statistics Canada released October’s consumer price index (CPI) data on Monday (November 17). The figures showed that inflation softened during the month, falling to 2.2 percent year-over-year from 2.4 percent in September. The agency cited a 9.4 percent decrease in gasoline prices as the main contributing factor, following a 4.1 percent decrease the previous month. […]
Read More
The gold price remained fairly steady this week after last week’s brief uptick, largely trading between US$4,000 and US$4,100 per ounce. As is often the case, its sister metal silver was more volatile, jumping briefly above the US$52 per ounce level midway through the period. The precious metals faced some pressure on Thursday (November 20) […]
Read More
We also break down next week’s catalysts to watch to help you prepare for the week ahead. In this article: This week’s tech sector performance This week, the stock market displayed a mixed performance amid ongoing uncertainty about artificial intelligence (AI) company valuations and policy decisions from the US Federal Reserve. On Monday (November 17), […]
Read More
U.S. stock markets were poised for lift off Thursday, after a strong earnings report from computer chip giant Nvidia signaled that there is still plenty of room to run in the artificial intelligence boom that has powered markets higher for much of the year. Prior to the opening bell, bets on the S&P 500 were […]
Read More
The United States added 119,000 jobs in September, a stronger-than-expected figure and a sign that the economy was adding jobs at a healthy clip before government shutdown. But the details of the report from the Bureau of Labor Statistics paint a more mixed picture, that of a labor market that has recently begun to look […]
Read More
Shoppers are still flocking to Walmart. The company raised its full-year earnings and sales outlook Thursday, heading into the crucial holiday shopping season. Walmart also offered fresh signs that it is shedding its original identity as a strictly down-market brick-and-mortar operation by growing its e-commerce business and increasing its market share of higher-income shoppers. Walmart’s […]
Read More
